(TheNewswire)
Vancouver, B.C. - TheNewswire - April 4, 2022 – Solarvest BioEnergy Inc.(“Solarvest”, or the “Company”) (TSXV:SVS), (“Solarvest” or the “Company”), is pleased toannounce that its wholly-owned division Eversea America Inc.(“Eversea”) has signed an agreement with E3Live, one of theorganic industry’s premier superfood brands. E3Live has agreed tointroduce and market Eversea's organic omega-3 DHA products to itscustomer base.
“We get approached all of the timeby companies who want us to re-sell their products, and we rejectnearly every one of them because they don’t meet our very rigorousstandards,” said Michael Saiber, founder and CEO of E3Live. “Iheard about what Eversea was offering and tried it, as I had nevercome across a USDA certified organic, plant-based omega-3 DHA product.Immediately, my body recognized it as an important and necessaryaddition to my diet. I believe our customers will be very interestedin this product as well. The best testimonial about Eversea’s powderthat I can give is that I take it every single day.”
This initial agreement is for Nanuq TM omega-3 DHApowder, which complements E3Live’s A phanizomenon flos-aquae (AFA), a nutrient-dense aqua-botanical (blue-green algae).E3Live has amassed a list of dedicated customers over the last 27years in the certified organic nutritional algae business.
“Given E3Live’s stature in theorganic industry when it comes to algae-based superfoods, thispartnership is an exciting endorsement for our organic omega-3 DHAproduct,” said Gerri Greenham, CEO of Solarvest. “Both companiesare very committed to providing the highest quality algae products inthe world, and being able to offer E3Live customers our algae andalgae-based products is a perfect fit and ideal opportunity.”
AboutE3Live
Widely regarded as one of the organic industry’spremier superfood brands, E3Live has been selling organic healthproducts and aqua-botanicals since 1995. The company’s signaturesuperfoods, E3Live and BrainON, are both nutrient-dense aqua-botanicalnutritional algae harvested from the pristine waters of Klamath Lakein Oregon. E3Live employs the highest quality harvesting methods,safety standards, and purity testing, in addition to adhering tostrict Good Manufacturing Practices (GMPs) in order to maintain USDAorganic certification and Kosher certification.
AboutEversea
Eversea has developed the world’s first organicomega-3 DHA from algae. It is both USDA and EU certified organic, andit has received Glyphosate Residue Free certification from The DetoxProject. The product is also vegan, gluten-free, free from majorallergens, and tested for heavy metals and other contaminants. Theomega-3 active ingredient in the products is patented andpatent-pending
in commercially relevant/important countries globally.The patent has already been issued in Australia, India, and Japan, andthe Solarvest patent also covers the production of EPA.
The company’s organic algal-based products have natural advantages over fish oil,which is processed from dwindling sea harvests. Eversea’s productsare based on marine microalgae and their abilityto produce high levels of long-chain omega-3 fatty acid oil, primarilydocosahexaenoic acid (DHA). Algae production is sustainable, andsustainability is a growing concern for the market.
AboutSolarvest
Solarvest BioEnergy Inc. is an algae biologics companywhose production platform provides an extremely flexible systemcapable of producing numerous products from omega-3 fatty acids tohuman therapeutic proteins. The company has successfully demonstratedthe expression of high-value therapeutic proteins, viral antigens(immune-stimulating proteins), and Cecropins (antimicrobialpeptide/protein). The company has initiated a program for theexpression of CBD and THC to be produced in GMP fermentationfacilities.
For further information contact:
Gerri Greenham, Chief Executive Officer
Phone: (647) 204-4095
Email: invest@solarvest.ca
Forward-Looking Information
This press release contains"forward-looking information" within the meaning ofapplicable Canadian securities legislation. Forward-lookinginformation includes, but is not limited to, statements with respectto the terms of the Offering, the completion of the Offering and theexpected use of the net proceeds received by the Company. Generally,forward-looking information can be identified by the use offorward-looking terminology such as "plans","expects" or "does not expect", "isexpected", "budget", "scheduled","estimates", "forecasts", "intends","anticipates" or "does not anticipate", or"believes", or variations of such words and phrases or statethat certain actions, events or results "may","could", "would", "might" or "willbe taken", "occur" or "be achieved".Forward-looking information is subject to known and unknown risks,uncertainties and other factors that may cause the actual results,level of activity, performance or achievements of the Company to bematerially different from those expressed or implied by suchforward-looking information, including but not limited to: generalbusiness, economic, competitive, geopolitical and socialuncertainties; and regulatory risks. Although the Company hasattempted to identify important factors that could cause actualresults to differ materially from those contained in forward-lookinginformation, there may be other factors that cause results not to beas anticipated, estimated or intended. There can be no assurance thatsuch information will prove to be accurate, as actual results andfuture events could differ materially from those anticipated in suchstatements. Accordingly, readers should not place undue reliance onforward-looking information. The forward-looking information containedin this news release is expressly qualified in its entirety by thiscautionary statement. The Company does not undertake to update anyforward-looking information, except as required by applicablesecurities laws.
Neither the TSX Venture Exchange nor its regulation servicesprovider (as that term is defined in the policies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of thispress release.
None of the securities of Solarvest have been registered under theU.S. Securities Act of 1933, as amended (the “U.S. SecuritiesAct”), or any state securities law,and may not be offered or sold in the United States or to, or for theaccount or benefit of, persons in the United States or “U.S.persons” (as such term is defined in Regulation S under the U.S.Securities Act) absent registration or an exemption from suchregistration requirements. This press release shall not constitute anoffer to sell or the solicitation of an offer to buy in the UnitedStates nor shall there be any sale of the securities in any State inwhich such offer, solicitation or sale would beunlawful.
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